SuperUser Account / Monday, April 13, 2015 / Categories: AfriCoast Energy AFRICOAST ENERGY LAUNCHED FOLLOWING significant growth in the renewable energy business, AfriCoast Engineers SA has developed a sister company to exapnd its vision. Previous Article AFRICOAST ENGINEERS SA ESTABLISHES RENEWABLE ENERGY COMPANY Next Article SMME Support as of July 2020 Print 56815 Rate this article: 5.0
South Africa secures $500m loan to strengthen climate-resilient urban services SuperUser Account / Friday, August 7, 2026 0 1 Article rating: No rating Multilateral development bank the Asian Infrastructure Investment Bank (AIIB) and South Africa have signed a $500-million sovereign-backed loan to support the South Africa Metro Trading Services Programme, which is aimed at improving the financial sustainability, accountability and operational performance of municipal services, including water supply and sanitation, electricity and solid waste management services, while supporting the country's transition to low-carbon, climate-resilient urban development. The program is co-financed with the World Bank as part of a broader $3-billion programme led by the South African government. The financing marks AIIB’s first investment in South Africa, establishing a new partnership to advance the country’s sustainable infrastructure priorities. Read more
South Africa already upgraded by Bond Market as rating firms lag SuperUser Account / Friday, August 7, 2026 0 2 Article rating: No rating South African authorities are focused on hitting budget targets rather than pleasing credit-rating firms, according to the government’s top finance official — and the reward is a bond market that’s already pricing the country’s debt as investment grade. Africa’s largest economy was cut to junk in 2017 after years of institutional erosion, fiscal deterioration, and rampant corruption known as “state capture.” The government has now reversed spending overruns into surpluses, with debt ratios set to decline from the current fiscal year. Read more
South Africa’s defence industry is financially constrained, but resilient SuperUser Account / Friday, August 7, 2026 0 10 Article rating: No rating The role of the South African defence industry (SADI) in the national economy was recently unerscored by Trade, Industry and Competition Minister Parks Tau in a keynote address he delivered at the start of the recent Defence Industry Lekgotla, held at the Council for Scientific and Industrial Research’s International Convention Centre, in Pretoria, from July 20 to 22. “South Africa’s defence industry is not a niche sector standing apart from our industrialisation programme,” he highlighted. “It is one of its most advanced expressions. It sits at the frontier of manufacturing precision, systems engineering and technology sovereignty.” Read more
Domestic food producer signs contract for LNG from Virginia project, ASPI says SuperUser Account / Thursday, August 6, 2026 0 11 Article rating: No rating Nasdaq- and JSE-listed advanced materials company ASP Isotopes (ASPI) says oil and gas producer Tetra4 has entered into a contract for the sale of liquefied natural gas (LNG) to be produced at the Virginia gas project in the Free State. The LNG sale and purchase agreement is a five-year, take-or-pay contract with a South African food processor, and this offtake represents about 10% of the project's Phase 1 nameplate capacity. Read more
South Africa's fuel stock policy will tie-up more working capital, expose traders to currency ... SuperUser Account / Thursday, August 6, 2026 0 9 Article rating: No rating South Africa's proposed shift from voluntary to mandatory strategic petroleum stockholding may strengthen protection against fuel supply shocks, but will require importers to finance more stock and risk trapping the working capital needed to keep trade moving, says cross-border financial technology firm Verto. The dual-obligation model detailed in the gazetted Draft Strategic Petroleum Stocks Policy requires State strategic stocks equivalent to 60 days of net imports that will be managed by the South African National Petroleum Company, and 21 days of mandatory stocks for licensed wholesalers and importers. Read more